Harshil Agrotech (BOM:505336) Cyclically Adjusted PB Ratio: (As of Sep. 09, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:505336 Harshil Agrotech Ltd BOM:505336
27 GF Score
Price ₹0.27
GF Value ₹0.49
Valuation Possible Value Trap
! 5 Warning Signs
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What is Harshil Agrotech Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Harshil Agrotech  (BOM:505336) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Harshil Agrotech Cyclically Adjusted PB Ratio Related Terms


Harshil Agrotech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Harshil Agrotech's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Harshil Agrotech Cyclically Adjusted PB Ratio Chart

Harshil Agrotech Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Harshil Agrotech Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BOM:505336 vs SYY, USFD, PFGC: Cyclically Adjusted PB Ratio Comparison

For the Food Distribution subindustry, Harshil Agrotech's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harshil Agrotech Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Harshil Agrotech's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Harshil Agrotech's Cyclically Adjusted PB Ratio falls into.


BOM:505336
27GF Score
Harshil Agrotech Ltd BOM:505336
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Harshil Agrotech Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Harshil Agrotech's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Harshil Agrotech's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/163.2808*163.2808
=0.000

Current CPI (Dec. 2025) = 163.2808.

Harshil Agrotech Quarterly Data

Book Value per Share CPI Adj_Book
201603 -0.573 102.518 -0.913
201606 0.000 105.961 0.000
201609 -0.491 105.961 -0.757
201612 0.000 105.196 0.000
201703 -0.539 105.196 -0.837
201706 0.000 107.109 0.000
201709 -0.457 109.021 -0.684
201712 0.000 109.404 0.000
201803 -0.741 109.786 -1.102
201806 0.000 111.317 0.000
201809 -0.659 115.142 -0.935
201812 0.000 115.142 0.000
201903 -0.940 118.202 -1.298
201906 0.000 120.880 0.000
201909 -0.858 123.175 -1.137
201912 0.000 126.235 0.000
202003 -1.229 124.705 -1.609
202006 0.000 127.000 0.000
202009 -1.285 130.118 -1.613
202012 0.000 130.889 0.000
202103 0.153 131.771 0.190
202106 0.000 134.084 0.000
202109 0.137 135.847 0.165
202112 0.000 138.161 0.000
202203 -0.022 138.822 -0.026
202206 0.000 142.347 0.000
202209 0.246 144.661 0.278
202212 0.000 145.763 0.000
202303 0.424 146.865 0.471
202306 0.000 150.280 0.000
202309 0.680 151.492 0.733
202312 0.000 152.924 0.000
202403 0.689 153.035 0.735
202406 0.000 155.789 0.000
202409 0.791 157.882 0.818
202412 0.000 158.323 0.000
202503 1.233 157.552 1.278
202506 0.000 159.755 0.000
202509 1.273 162.289 1.281
202512 0.000 163.281 0.000

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Harshil Agrotech (BOM:505336) Overvalued in 2026?

Based on GuruFocus' analysis, Harshil Agrotech stock appears to be undervalued. The current stock price of ₹0.27 is trading 44.9% below its estimated GF Value™ of ₹0.49. GuruFocus considers Harshil Agrotech to be Possible Value Trap.

Key valuation signals for BOM:505336:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹0.49 vs. price of ₹0.27 (44.9% below fair value)
  • GF Score™: 27/100 with 5 warning signs

No single metric tells the full story. See the BOM:505336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harshil Agrotech Business Description

Address S. F-213, I Square, Science City Road, Near Shukan Mall Cross Road, Sola, Daskroi, Ahmedabad, GJ, IND, 380060
Harshil Agrotech Ltd is engaged in preparing, manufacturing, processing, marketing, trading, importing, exporting, improving, selling, and dealing in all kinds of agro/agri/food products including but not limited to spices, oil seeds, grains, vegetables, herbs, pickles and other items derived from agricultural, farming or relevant activities. The company operates only in one business segment which is Agri Trading Business.
27GF Score

Get the complete analysis for BOM:505336

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹0.27
Price
₹0.49
GF Value